Do strategy consultants make a lot of money?

Compensation for strategy consultants can vary widely depending on factors such as experience, expertise, location, firm reputation, and the specific industry or sector they serve. Strategy consulting is a highly specialized field that often requires advanced degrees and significant expertise, which can command higher compensation compared to general business consulting roles.

Top-tier strategy consulting firms are renowned for offering competitive salaries and benefits to attract and retain top talent. However, it’s important to note that individual earnings may vary, and compensation is also influenced by factors such as seniority, performance, and the size of the client engagements.